Retail industry segmentation

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Brick and Mortar Retail Industry Segmentation - categorization by vertical from.

The retail industry categorizations according to The National Retail Federation are Food/Drug/Mass, HardGoods, and SoftGoods. The Census Bureau retail industry categorizations are Motor vehicle & parts dealers; Food & beverage stores; General merchandise stores; Food services & drinking places; Gasoline stations; Furniture and home furnishings stores; Electronics and appliance stores; Building material and garden equipment and supplies dealers; Health and personal care stores; Clothing and clothing accessories stores; Sporting goods, hobby, book, and music stores; and Miscellaneous store. For both categorizations by the Census Bureau and NFR, I only provided brick and mortar retail store categorization. Below you will find more details.

The National Retail Federation CATEGORIZATION

The National Retail Federation has 3 brick and mortar retail categories. The categories are Food/Drug/Mass, HardGoods, and SoftGoods.
The Food/Drug/Mass category includes food retailers such as Haggens and McDonald's; grocery stores such as Publix, Kroger and Walgreen; and drugs stores such as CVS. General merchant stores such as Casey’s General Stores are also included in this category.
HardGoods retailers in the NFR categorization includes retailers that sell electronic devices and merchandise, furniture and home accessories stores, hardware shops (e.g. Ace Hardware), and heavy equipment retailers.
SoftGoods retailers in the NFR categorization includes apparel retailers, sporting goods dealers, footwear and accessories stores and extreme value variety chain. TJX and Ross Stores, H&M, Nordstrom, and Dick’s Sporting Goods are examples of retailers in this category.

The U.S. Census Bureau Categorization

The US Census Bureau has a more detailed categorization than the NFR and provides estimates on total sales for 2015 (the latest data available). Below are the brick and mortar categories:
This category includes Automobile dealers, New car dealers, Used car dealers, Other motor vehicle dealers, and Furniture and home furnishings stores. The total sales in this category in 2015 was $1.095 trillion.
The Furniture and home furnishings stores category include Furniture stores, Home furnishings stores, and Floor covering stores. The total sales in this category in 2015 was $106.779 billion.
The retailers in this category include Electronics and appliance stores, Household appliance stores, Radio, TV, and other electronics stores, and Computer and software stores. The total sales in this category in 2015 was $102.108 billion.
Building Material and Garden Equipment and Supplies Dealers
The retailers in this category include Building material and supplies dealers, Paint and wallpaper stores, and Hardware stores. The total sales in this category in 2015 was $331.644 billion.
The retailers in this category include Grocery stores, Supermarkets and other grocery (except convenience) stores, Specialty food stores, and Beer, wine, and liquor stores. The total sales in this category in 2015 was $685.568 billion.
The retail stores in this category include Health and personal care stores, Pharmacies and drug stores, and Optical goods stores. The total sales in this category in 2015 was $315.257 billion.
The total sales by gasoline stations in the US in 2015 was $443.817 billion.
The retail stores in this category include Clothing stores, Men's clothing stores, Women's clothing stores, Family clothing stores, Other clothing stores, Shoe stores, Jewelry, luggage, and leather goods stores, and Jewelry stores. The total sales in this category in 2015 was $255.831 billion.
Sporting Goods, Hobby, Book, and Music Stores
The retailers in this category include Sporting goods, hobby, and musical instrument stores, Sporting goods stores, Hobby, toy, and game stores, Book, periodical, and music stores, Book stores and news dealers, and Bookstores. The total sales in this category in 2015 was $87.355 billion.
The retailers in this category include Department stores, Department stores, Leased department stores, Department stores (except discount dept. stores), Discount department stores, Department stores, Other general merchandise stores, and Warehouse clubs and supercenters. The total sales in this category in 2015 was $674.928 billion.
The retailers in this category include Florists, Office supplies, stationery, and gift stores, Office supplies and stationery stores, Gift, novelty, and souvenir stores, Used merchandise stores, Other miscellaneous store retailers, and All other miscellaneous store retailers. The total sales in this category in 2015 was $119.461 billion.
The retailers in this category include Full-service restaurants, Limited-service eating places, Limited-service restaurants, Special food services, Drinking places (alcoholic beverages), and Foodservice contractors. The total sales in this category in 2015 was $623.081 billion.

CONCLUSION

To wrap up, there are two different categorizations by the NFR and the Census Bureau, but that of the census bureau is more detailed and more widely used. Both categorizations are presented above.
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